This Kiva borrower is a 50-year-old single woman from Lebanon living with her mother and one sister. She has owned a toy shop in her town since 1996 and sells all type of games in addition to kids stories and books. She has been working hard in her store to be able, with the cooperation of her sister, to provide better life conditions for her sick mother.
In order to fulfill her business objectives and increase the liquidity of her services, she is asking for a loan of $1,200 from Kiva partner Ameen s.al. to increase her store purchases before the coming holidays because her sales rise during this period and she has to be prepared.
Note: Based on the political and social challenges of Lebanon, personally identifiable attributes of this entrepreneur have been altered to protect her (i.e., blacking out portions of the entrepreneur in her picture, not indicating her name and location, etc.) Ameen s.a.l. appreciates Kiva lenders' understanding of these challenges and encourages lenders to continue their support for Lebanon's borrowers.
Ameen s.a.l. has been a major player in the Lebanese Microfinance sector since 1999. Originally a micro-credit program created by CHF International, Ameen evolved to become Ameen s.a.l. in 2003, a Lebanese services company. In 2007, Ameen s.a.l. registered with the Central Bank of Lebanon to become the first Lebanese financial institution specializing in Microfinance.
At Ameen s.a.l., we pledge to provide financial services to the largest number of micro and small entrepreneurs and to the working poor, to help them develop their businesses and improve their incomes.
Ameen has been able to use its interest-free loans from Kiva to offer lower-interest loans with faster disbursement for their micro-loan borrowers. Since its inception, Ameen has provided high-quality financial services to over 41,000 borrowers and disbursed over 81,000 loans totaling $115 million. To learn more about Ameen, please visit http://partners.kiva.org/partners/115
Due to political and social challenges in Lebanon, personally identifiable attributes entrepreneurs may have been altered to protect their privacy (i.e., blurring portions of the borrower's picture, not indicating a name and location, etc.). Vitas appreciates Kiva lenders' understanding of these challenges and encourages them to continue their support for Lebanon's borrowers.